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Trading Made Simple

  • #138,261
  • Feb 27, 2023 7:21pm Feb 27, 2023 7:21pm
Quoting Tekkies
{quote} First you miss a few months > July, August, September, October, November, December.
Now you are missing a few years as well > 2017, 2018, 2019, 2020, 2021, 2022. Beginning to understand why you post so much bullshit. {image}
LOL @Tekkies

You are jealous, angry and full of hate and full of shit in your little brain.

You ask for 2017, 2018, 2019, 2020, 2021, 2022 ... here you are 2022 Jan to Jun SIX(6) months system development live trading in realtime live market. Remember project CI500 do you?


Attached Image (click to enlarge)
Click to Enlarge Name: Myfxbook CI500 2017 to 2022 28-2-2023 9-09-31 am.png Size: 14 KB



Do you want 2012 to 2016 ?
Myfxbook has all my trade data.
https://www.myfxbook.com/


....
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #138,262
  • Feb 27, 2023 7:26pm Feb 27, 2023 7:26pm
Quoting Tekkies
{quote} First you miss a few months > July, August, September, October, November, December. Now you are missing a few years as well > 2017, 2018, 2019, 2020, 2021, 2022. Beginning to understand why you post so much bullshit. {image}
Good book to read and know what's in the brain of stupid people.

Attached Image (click to enlarge)
Click to Enlarge Name: Tekkies #138,262 28-2-2023 9-22-00 am.png Size: 303 KB



...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #138,263
  • Feb 27, 2023 7:37pm Feb 27, 2023 7:37pm
Quoting Tekkies
{quote} Is it Vincent advice that made you place an trade based on the color of an bar?

hey @Tekkies

You are WRONG AGAIN !

The OP of this thread, Big E said so many things at different times and your brain got all muddled up.

Feb 12, 2011
#3418
You can trade the 5 method without the TDI if it's a problem...

PA is HA Candles, PA crosses the yellow line and closes... enter on the next candle if it's the same color.
When candles flatten out... exit. Stay in the trade as long as it doesn't cross back over the yellow line and close.

The TDI just gives me a lot more information for making my entries & exits decisions.

...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #138,264
  • Feb 27, 2023 7:42pm Feb 27, 2023 7:42pm
Quoting eelfranz
I'm going to do a test on the Daily charts.
When green crosses red I'll stay in until green crosses red again.
I'll report the results in a week or so... I'll only enter if the candles are medium length or larger... wish me luck ...
#8703
Jul 23, 2011

The OP wanted to test the Daily chart.

Today Feb28 Daily charts the Eight(8) pairs he traded during his time.

> which pair to buy and sell?

Attached Image (click to enlarge)
Click to Enlarge Name: TMS Feb28 Daily 8pairs 28-2-2023 9-38-30 am.png Size: 63 KB


...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #138,265
  • Feb 27, 2023 7:50pm Feb 27, 2023 7:50pm
Quoting aggravator87
Thanks to the contributors of this thread. I just want to post my views on this system and also differentiate it from the original Dean Malone's CompassFX system. I hope this won't offend anyone who has devoted hours trying to achieve better results using the TMS method. I want to share with you honestly what I think works better than what really doesn't work according to my trading approach. Some might say that I have no FF experience due to my posts number but I'd rather stay sidelined and read everything I need to know.////.
#8706 by member @aggravator87
<>
Thanks to the contributors of this thread. I just want to post my views on this system and also differentiate it from the original Dean Malone's CompassFX system. I hope this won't offend anyone who has devoted hours trying to achieve better results using the TMS method. I want to share with you honestly what I think works better than what really doesn't work according to my trading approach. Some might say that I have no FF experience due to my posts number but I'd rather stay sidelined and read everything I need to know.This thread grabbed my eye and then I came across Dean Malone tutorials which helped me to discern his method and this one. My decision to write this post is to contribute at least with my simple knowledge and humble experience. What I mean is ,

I think this method has a general fundamental flaw because:

1. It uses 4hour charts which give more sliggish information than lower timeframes ones. 4h charts at this time of the year when traders are starting their holidays(less volatility) are risky overall pictures of the market. Often times,not always you may find that a buy/sell order was taken on a 4h chart when a 15 min chart of the same cross shows a countermove. If the last one goes along with a major news this 4hour trade looks broken from its start while you might have had time to prevent this if you had switched earlier to the lower 15 min tf.

2. it uses one instead of two 5 MAs(smoothed high and smoothed low) which act as a shield against rangebound market activity as we saw this week chf/jpy, eur/jpy and aud/jpy price action. Break above or below those two MAs could be considered a valid entry signal in accordance with the other indicators' parameters.
Break above or below a single line gives an account of two market conditions - uptrend or downtrend. Reality is different - there is one more market condition - consolidation. Then comes the two 5 MAs which prevent from entering when traders don't know what would happen next and price stays in the "channel" between the averages.

3. The original TDI indicator uses not two(green and red) but five (green,red,yellow and two blue) lines. I don't understand what's the point of not using the yellow one which gives the average of the green and red ones. Green break above the yellow,red and 50 lines are logical decision of the marketplace to head north and vice versa for the south.

4. I don't understand what's the point of arguing how much was the TDI indicator's green line angle - was it 4.5 or 5 or 5.5... as this only shows market's trend strength not the duration of it as we all know that a trend is a consistent price move in one direction.


Once again these are my thoughts made from experience. I don't want to offend anybody by this but only to get this discussion to a more thorough understanding based on extensive research.

<>
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #138,266
  • Feb 27, 2023 11:15pm Feb 27, 2023 11:15pm
Quoting emmanuel7788
{quote} Good book to read and know what's in the brain of stupid people. {image} ...
Obviously you did not read that book.
If you did, how could you understood it?
You got them missing brain cells!!!
  • #138,267
  • Feb 27, 2023 11:52pm Feb 27, 2023 11:52pm
Quoting emmanuel7788
{quote} #8706 by member @aggravator87 <> Thanks to the contributors of this thread. I just want to post my views on this system and also differentiate it from the original Dean Malone's CompassFX system. I hope this won't offend anyone who has devoted hours trying to achieve better results using the TMS method. I want to share with you honestly what I think works better than what really doesn't work according to my trading approach. Some might say that I have no FF experience due to my posts...
1. 4h charts at this time of the year when traders are starting their holidays(less volatility)
> What about the rest of the the year?
> Goes against Vincent mad insistence to switch to H4.
> H4 /H1 was BigE's chosen timeframes to trade on. (What is yours?)
> BigE: worked on all timeframes

2. it uses one instead of two 5 MAs(smoothed high and smoothed low)
BigE: .......... I left it on my chart because I like to see how PA interacts with the 5ema line during the trade. Gives me a better feel for what's going on... that's mainly the reason...

3. The original TDI indicator uses not two(green and red) but five (green,red,yellow and two blue) lines.
BigE: I kept eliminating all the extras until we got down to what I trade now... no fluff.
> Using the yellow will remove the angle 12-2/3-4/4-6
BigE: ......... How does the momentum look right now (12-2, 4-6)

4. I don't understand what's the point of arguing.
Neither do I but I still do it.

Vincent, please stop posting bullshit.
  • #138,268
  • Feb 27, 2023 11:58pm Feb 27, 2023 11:58pm
Big E' Trading Made Simple is his way he made trading simple ....

Quoting eelfranz
I hate trading 5min-15min-30min charts. Why? You have to monitor each trade from beginning to end and hope and pray you made a correct entry. I only trade 1hr charts during the the 1st 3 hours of the USA OPEN and 4hr trades at night. I check for set ups at 10pm Pacific,2am and close all 4 hour trades by 6am Pacific.... You ever woke in the morning popping on your puter and find you made 150...
If he did it, so can you when you have the same 15 years trading experience he has.

Feb28 4hr Pacific 10PM soon... in 7m 27s

- what is there for us in the next 4-hour trade window

Attached Image (click to enlarge)
Click to Enlarge Name: TMS Feb28 H4 PDT10PM 4hr 28-2-2023 1-52-35 pm.png Size: 59 KB


...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #138,269
  • Feb 28, 2023 12:00am Feb 28, 2023 12:00am
Quoting Tekkies
{quote} 1. 4h charts at this time of the year when traders are starting their holidays(less volatility) > What about the rest of the the year? > Goes against Vincent mad insistence to switch to H4. > H4 /H1 was BigE's chosen timeframes to trade on. (What is yours?) > BigE: worked on all timeframes 2. it uses one instead of two 5 MAs(smoothed high and smoothed low) BigE: .......... I left it on my chart because I like to see how PA interacts with the 5ema line during the trade. Gives me a better feel for what's going on... that's mainly the...
another good book to read,


Attached Image (click to enlarge)
Click to Enlarge Name: surrounded by idiots thosmas erikson.png Size: 59 KB



...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #138,270
  • Feb 28, 2023 12:13am Feb 28, 2023 12:13am
Quoting Tekkies
{quote} Is it Vincent advice that made you place an trade based on the color of an bar?
how you find out such thing?!!!
  • #138,271
  • Feb 28, 2023 12:17am Feb 28, 2023 12:17am
Quoting korosh1350
{quote} how you find out such thing?!!!
Its going to be good!

....
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #138,272
  • Feb 28, 2023 12:58am Feb 28, 2023 12:58am
Quoting korosh1350
{quote} how you find out such thing?!!!
emmanuel shows me the way
  • #138,273
  • Feb 28, 2023 1:05am Feb 28, 2023 1:05am
Quoting Tekkies
{quote} emmanuel shows me the way
Okay @Tekkies

I will show you the way starting next month and help you recover from your 2022 387 trades losses and that 99.4% Margin Call.

"the way" is how Big E would trade his 5-Method following his posts in this thread.

Stay Tuned! today I must manage my TMS EVO_2023 Feb month-end exit strategy.

Attached Image (click to enlarge)
Click to Enlarge Name: Tekkies TE Apr01 minus 99.4percent 22-1-2023 6-12-29 am.png Size: 41 KB



...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #138,274
  • Feb 28, 2023 1:24am Feb 28, 2023 1:24am
Quoting Tekkies
{quote} emmanuel shows me the way
@Tekkies

I have an idea to help you recover your 2022 387 trades losses and that 99.4% Margin Call.

You must follow Big E' post#281 and make the transition to trade the 4hr during the London session and use my TMS MEME Money Management strategy.

We do it slow and steady 1% to 2.5% per month and for a 12 months period start whenever you say 'GO'.

I still have my 2018 TMS MEME 4H swing trading strategy in my system journal.

We trade only AUDUSD, EURUSD, GBPUSD and USDJPY aka 'three amigos' plus one.

Below is Myfxbook report for that account in 2018.


Attached Image (click to enlarge)
Click to Enlarge Name: Myfxbook sg02 IC357446 2018 28-2-2023 3-17-43 pm.png Size: 18 KB


>>> If anyone else here interested to make 1% to 2.5% per month, you can post here and let us all know.


...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #138,275
  • Feb 28, 2023 1:52am Feb 28, 2023 1:52am
Quoting emmanuel7788
{quote} @Tekkies I have an idea to help you recover your 2022 387 trades losses and that 99.4% Margin Call. You must follow Big E' post#281 and make the transition to trade the 4hr during the London session and use my TMS MEME Money Management strategy. We do it slow and steady 1% to 2.5% per month and for a 12 months period start whenever you say 'GO'. I still have my 2018 TMS MEME 4H swing trading strategy in my system journal. We trade only AUDUSD, EURUSD, GBPUSD and USDJPY aka 'three amigos' plus one. Below is Myfxbook report for that account...
Keep it simple Vincent.
Validate those results with a visible forexfactory TE link to the trades / charts you post in this thread.
> Many report's like that can be found in Myfxbook, which means only you will know if it is your report and not somebody else report.

Come Vincent, show the readers you are not a cheap bullshitter.
(Honesty is a very expensive gift. You wont find it in cheap people.WBuffett)
  • #138,276
  • Feb 28, 2023 1:59am Feb 28, 2023 1:59am
Quoting Tekkies
{quote} Keep it simple Vincent. Validate those results with a visible forexfactory TE link to the trades / charts you post in this thread. > Many report's like that can be found in Myfxbook, which means only you will know if it is your report and not somebody else report. Come Vincent, show the readers you are not a cheap bullshitter. (Honesty is a very expensive gift. You wont find it in cheap people.WBuffett)
Its OK @Tekkies since you chickened out now ... you muddled-head.

You are the one who suffered that 2022 387 trades losses and that 99.4% Margin Call.

Attached Image (click to enlarge)
Click to Enlarge Name: Tekkies TE Apr01 minus 99.4percent 22-1-2023 6-12-29 am.png Size: 41 KB



...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #138,277
  • Feb 28, 2023 2:11am Feb 28, 2023 2:11am
Quoting emmanuel7788
{quote} Its OK @Tekkies since you chickened out now ... you muddled-head. You are the one who suffered that 2022 387 trades losses and that 99.4% Margin Call. {image} ...
Come Vincent, show the readers you are not a cheap bullshitter.
  • #138,278
  • Feb 28, 2023 4:12am Feb 28, 2023 4:12am
Hello friends. I request your help about the attached indicator. This indicator draws arrows very far from the candle. What code should I add for this indicator to draw the arrows close to the candle. Thank you
Attached File(s)
File Type: mq4 ema-cross-rsi-trend-spotter.mq4   11 KB | 308 downloads
  • #138,279
  • Feb 28, 2023 4:20am Feb 28, 2023 4:20am
Quoting emmanuel7788
Big E' Trading Made Simple is his way he made trading simple .... {quote} If he did it, so can you when you have the same 15 years trading experience he has. Feb28 4hr Pacific 10PM soon... in 7m 27s - what is there for us in the next 4-hour trade window {image} ...

Pacific 2AM - the next 4hr trade window

- I picked 2 nice PA Engulfing setup candle... amigos

- the JPY pairs already ran ...

Attached Image (click to enlarge)
Click to Enlarge Name: TMS Feb28 PDT 2AM H4 28-2-2023 6-15-28 pm.png Size: 58 KB


check the Daily for any risk

Attached Image (click to enlarge)
Click to Enlarge Name: TMS Feb28 PDT2AM Daily 28-2-2023 6-14-28 pm.png Size: 60 KB



...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #138,280
  • Feb 28, 2023 5:03am Feb 28, 2023 5:03am
Quoting forexci
Hello friends. I request your help about the attached indicator. This indicator draws arrows very far from the candle. What code should I add for this indicator to draw the arrows close to the candle. Thank you {file}
Updated the code for you.

The orginal code has a constant with value 1.3
CrossUp[i] = Low[i] - Range*1.3;
CrossDown[i] = High[i] + Range*1.3;

Chance it to a variable Spacing you can change in the indicator dialog box.
The new code:
extern double Spacing = 1.3;
CrossUp[i] = Low[i] - Range*Spacing;
CrossDown[i] = High[i] + Range*Spacing;

Attached File(s)
File Type: mq4 ema-cross-rsi-trend-spotter-spacing.mq4   11 KB | 376 downloads
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